U.S. Gasoline Prices Haven’t Peaked Just Yet
Gasbuddy: U.S. gas prices could rise to almost $3.80 per gallon before peaking According to the forecast data, the national average would rise to $3.41 per gallon in 2022 Gasbuddy: Continue Reading
US gas storage inventories look to post first triple-digit draw of season
US natural gas storage fields are poised to post the first triple-digit withdrawal of the season as a mild winter has calmed concerns of the inadequate inventories observed during the Continue Reading
Commodities 2022: Most new US generating capacity will be solar, followed by wind
Highlights 15.5 GW of new solar to be added in 2022 ERCOT expected to lead renewables additions CAISO to add 2 GW storage before summer US grid operators are expected Continue Reading
Wildfires Are Hurting California Program to Fight Climate Change
California’s cap-and-trade system, designed to reduce carbon emissions that contribute to climate change, is being undermined by forest fires caused in part by climate change, according to scientists. Launched in Continue Reading
US Gulf of Mexico deepwater activity may increase in 2022
Highlights Mad Dog, Vito are two of biggest 2022 startups 3 Murphy fields expected online next year US Gulf oil output to rise to 2 million b/d More deepwater exploration Continue Reading
US chief medical adviser Fauci warns Covid cases ‘will go much higher’
President Joe Biden’s chief medical adviser warned on Sunday that the number of Americans infected with Covid-19 was likely to “go much higher” before easing off in the new year. Continue Reading
Omicron Starts to Slow U.S. Economy as Consumer Spending Flags – WSJ
Signs are mounting that the U.S. economy is losing some steam as the Omicron variant of the Covid-19 virus spreads rapidly through parts of the country. The number of diners seated at Continue Reading
US gas inventories drop well below normal as mild winter weather persists
Highlights 55 Bcf drawn from US storage fields in week ended Dec. 17 Triple-digit drawdown likely for week in progress US natural gas inventories fell about one-third of the five-year Continue Reading
US and Russia to hold talks over Ukraine in early January, says Putin
Vladimir Putin said the US and Russia would meet in January in Geneva for talks over Ukraine, which he said were essential to protect Moscow from what he claimed were Continue Reading
Pfizer pill becomes 1st US-authorized home COVID treatment
U.S. health regulators on Wednesday authorized the first pill against COVID-19, a Pfizer drug that Americans will be able to take at home to head off the worst effects of Continue Reading